Can you get paid with a business account without bank linked?
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Hey guys, I have some questions that I can't find the answers to so I was hoping some of you could help me.
So my first question is, do I even need a business account? I am creating an online store that will make decent money so do I even need a business account?
And If I do, do I have to link a bank account to it? or can I receive payment and just store it on PayPal, then later down the line add my bank to withdraw?
Thanks!
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I believe if you are running an online store, it'd be much easier for you if you used a business account,
I got this information off of the web for you:
"According to the website, here are a few benefits of creating a PayPal business account:
- Do business under a company or group name
- Accept all payment types for low fees
- Accept payments from customers without PayPal accounts
- Send and receive payments with members in 203 countries and regions
- Implement subscription payments for your content or services
- Multiple logins give employees limited access to your PayPal account"
And touching on the subject of weather or not you need a bank account hooked up to it, I think initially you need to link up either a bank account or a credit/debit, however I'm pretty sure that it does not need to stay linked up to the account after you verify it.
Hope this information helped you out,
Regards,
Cooper.
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you would experience new seller hold up to 21 days,to transfer fund to bank account,you need to link a credit card as well.
you can also link bank debit card for faster transfer,cost is 25 cents.

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